Posted by kerelbort > 2016-10-19 19:09 | Report Abuse

(Like)

Posted by kerelbort > 2016-10-20 08:29 | Report Abuse

Finally,ayamtua come here to berkokok sorry.. berkikik

Posted by monreyes > 2016-10-25 09:09 | Report Abuse

Bursa approved extension till 31/12/2016 to submit regularisation plan

Posted by monreyes > 2016-10-25 10:07 | Report Abuse

R & A Telecommunication: Given more time to submit plan. R & A Telecommunication Group has secured a reprieve from Bursa Malaysia Securities from a delisting. This comes after it inked a memorandum of understanding earlier this month for the proposed acquisition of construction firm Synergy Goldtree SB as part of its regularisation plan. The telecommunication industry player said in a statement that the regulator, which last month rejected its application for a further time extension to submit a regularisation plan, had considered its appeal and gave a further extension up to Dec 31, 2016. In its Oct 13 announcement, R & A said Synergy Goldtree had bagged construction contracts with a total value of about RM839m as at July 31, of which RM784m was yet to be billed. (StarBiz)

Posted by klse1997 > 2016-10-26 14:53 | Report Abuse

when SC will lift the trading suspension

Posted by kerelbort > 2016-10-26 20:09 | Report Abuse

Cool... tq for the notice there monreyes.. hopefully there won't wait until last minute again... too many time last minute thing this counter.. as much as I like the roller coaster ride... I more like this counter suspension lifted.. hahah

Posted by monreyes > 2016-10-27 16:14 | Report Abuse

Exactly.

Posted by AyamDua > 2016-10-28 21:48 | Report Abuse

Ayamtua's account is h@cked.

Posted by Brian Loke > 2016-11-01 17:44 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5248245

Posted by alvinchiam > 2016-11-01 18:59 | Report Abuse

buy keep.. if u can.. ha ha..

Posted by alvinchiam > 2016-11-01 19:00 | Report Abuse

buy nexgram also can... related...

Posted by alvinchiam > 2016-11-01 19:16 | Report Abuse

buy RA 1/2sen ..u have..? ha ha.

Posted by BetterTomorrow > 2016-11-04 12:00 | Report Abuse

dont touch, con job

Posted by kerelbort > 2016-12-06 16:36 | Report Abuse

no news here? or waiting for cny oso?

Posted by monreyes > 2016-12-09 13:56 | Report Abuse

RA to come up with regularisation plan with Synergy Goldtree before end of the month

Posted by monreyes > 2016-12-15 18:19 | Report Abuse

New Directors appointed

Posted by kerelbort > 2016-12-15 22:18 | Report Abuse

Deal off. So sad.

Posted by monreyes > 2016-12-15 22:24 | Report Abuse

Assessing other option in 2 weeks time...how la

Posted by kerelbort > 2016-12-16 09:01 | Report Abuse

Wonder why ra decided to end it and not Synergy goldtree... new director background, one is it, one accountant with turnaround background.. ra wanna be the next it vendor?

Posted by monreyes > 2016-12-18 20:24 | Report Abuse

no progress from Synergy Goldtree, now appealing for another 4 mths extension

Posted by kerelbort > 2016-12-19 15:25 | Report Abuse

waiting game. this time, they requested extension early. not at 11th hour like last time. :P

Posted by smartinv > 2016-12-19 19:36 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5293281

Posted by monreyes > 2016-12-20 08:59 | Report Abuse

OTHERS R&A TELECOMMUNICATION GROUP BERHAD ("R&A" OR THE "COMPANY") HEADS OF AGREEMENT BETWEEN R&A AND LEAN KOCK KIANG AND LEE SEK ANG IN RELATION TO THE PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN FORWARD RESOURCES AND CONSTRUCTION SDN BHD

Posted by kerelbort > 2016-12-20 10:16 | Report Abuse

cool. 10 mil guarantee profit for the next 3 years..

Posted by kerelbort > 2016-12-29 13:25 | Report Abuse

well.. founder quit.. :-P

Posted by Syam Mahmood > 2016-12-31 08:38 | Report Abuse

The Board of Directors of R&A wishes to inform that R&A Telecommunication Sdn. Bhd. (“the Plaintiff”), a wholly-owned subsidiary of R&A, had on 9 December 2016 filed in the Shah Alam High Court Suit No. BA-NCVC-678-12/2016 against JMT Kelantan Baru Sdn Bhd and JMT RE Maintenance Sdn Bhd ("the Defendants").

The claim pursuant to the Writ of Summons and Statement of Claim are as below:

(a) The sum of RM1,027,715.48;

(b) Interest thereon at the rate of 5% per annum;

(c) Costs; and

(d) Any other relief deemed suitable and beneficial as the Court may deem fit.

The filing of the Writ of Summons and Statement of Claim was a result of the defendants failing to repay the advance payments made by the Company pursuant to a Letter of Award dated 15 March 2013 for the project entitled “Joint Engineering, Procurement, Construction and Commissioning (EPCC) Contractor For “Run On Water” 2x10MWp Mini Hydro Project Under REPPA at Kg Temangan (10MWp) @ Sg. Kelantan, In The District of Machang, Kelantan, Malaysia” (“Project”). The contract sum of the Project is RM93,180,566.00. This matter has been fixed for case management at the Shah Alam High Court on Wednesday, 11 January 2017, at 9:00 a.m.

The Writ of Summons and Statement of Claim had been served on the Defendants, solicitors, Messrs. Muru & Partners on 21 December 2016. The Company is represented by Messrs. Syed Ibrahim & Co.

The Writ of Summons and Statement of Claim are not expected to have any impact on the operations on the Group but should the suit be in the Company's favour, there will be positive financial impact on the Group.

The Company is not expected to incur any further losses arising from the Writ of Summons and Statement of Claim save that the Company is exposed to legal cost in instituting the action and if the suit against the defendants is dismissed.

Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 30 December 2016.

Posted by tinyinvestor > 2017-01-02 23:08 | Report Abuse

sthis counter is still on suspension ka?

Posted by kerelbort > 2017-01-06 10:22 | Report Abuse

suspension still on.

Posted by Syam Mahmood > 2017-01-07 09:02 | Report Abuse

wait for 4 month

Posted by klse1997 > 2017-01-10 17:14 | Report Abuse

progress slow laaa....

Posted by kerelbort > 2017-01-11 10:55 | Report Abuse

This is slower than slow.. almost full stop.

Posted by klse1997 > 2017-01-18 13:43 | Report Abuse

seems like no progress

Posted by monreyes > 2017-01-18 19:50 | Report Abuse

Got update today

Posted by monreyes > 2017-01-18 20:56 | Report Abuse

Chk out announcement

Posted by monreyes > 2017-01-18 23:49 | Report Abuse

M&A Securities Sdn Bhd, on behalf of the Board of Directors of R&A wishes to announce that the Company had on 18 January 2017 entered into a framework restructuring agreement (“Framework Restructuring Agreement”) with Lean Kock Kiang and Lee Sek Ang (collectively, the “Promoters”) and FRC Resources Sdn Bhd, a special purpose vehicle incorporated to serve as the new listed vehicle in place of the Company (collectively, the “Parties”) for the following purposes:

(a) to set out the obligations of the Parties in relation to the preparation and submission of the Company’s regularisation plan to Bursa Malaysia Securities Berhad (“Bursa Securities”) and to implement such regularisation plan if it is approved by Bursa Securities; and

(b) the Promoters shall deposit a sum of RM2.5 million with their solicitors, which is to be utilised for the settlement of the scheme creditors of the Company and its wholly-owned subsidiary, R&A Telecommunication Sdn Bhd under the debt restructuring scheme.

Further details of the Framework Restructuring Agreement is provided in the announcement attached herein.

The announcement is dated 18 January 2017.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5318465

Posted by monreyes > 2017-01-19 00:09 | Report Abuse

The regularisation plan is expected to be based on the following framework:-

(a) Proposed restructuring of the debt owing to the Scheme Creditors pursuant to Section 176 of
the Companies Act, 1965 (“Act”) and/or any bilateral agreements with such Scheme Creditors
which is estimated at RM34,590,598 as at 30 November 2016 (“Proposed Debt Restructuring
Scheme”);
(b) Proposed par value reduction of the existing issued and paid-up share capital of R&A via the
cancellation of RM0.0475 from the par value of every existing ordinary share of RM0.05 to
RM0.0025 pursuant to Section 64 of the Act;
(c) Proposed share premium reduction of RM3,637,684 to reduce R&A’s accumulated losses
pursuant to Sections 60(2) and 64 of the Act;
(d) Proposed share consolidation of forty (40) ordinary shares of RM0.0025 each into one (1)
new ordinary share of RM0.10 each in the Company;
(collectively known as “Proposed Balance Sheet Reconstruction”).
(e) Proposed acquisition of the entire issued and paid-up share capital in FRCSB from the
Promoters for a purchase consideration of between RM90,000,000 to RM120,000,000 via the
allotment and issuance of between 900,000,000 to 1,200,000,000 FRCR Shares credited as
fully paid to the Promoters based on a guaranteed profit of RM10.0 million per financial year
for the next three (3) succeeding full financial years (“Proposed Acquisition cum Novation”);
(f) Proposed share exchange pursuant to a scheme of arrangement under Section 176 of the Act
whereby the existing issued and paid-up share capital of R&A of 24,171,550 will be
exchanged with 24,171,550 new ordinary shares of RM0.10 each in FRCR (“FRCR Shares”),
on the basis of one (1) new FRCR Share for every one (1) existing share in the Company
(“Proposed Share Exchange”);
(g) Proposed renounceable rights issue of new FRCR Shares (“Rights Shares”) at an indicative
issue price of RM0.10 for each Rights Share on the basis and timing to be mutually discussed
and agreed by the Parties (“Proposed Rights Issue with Warrants”);
(h) Proposed placement of new FRCR Shares to third party investors to be identified later on the
basis to be determined by the Parties (“Proposed Private Placement”); and
(i) Proposed transfer of the listing status of R&A to FRCR which will result in the listing and
quotation for the entire enlarged issued and paid-up share capital of FRCR on the ACE Market
of Bursa Securities (“Proposed Transfer of Listing Status”).
(collectively, the “Proposed Regularisation Plan”)
etc etc...

Posted by klse1997 > 2017-01-19 14:24 | Report Abuse

after consolidate 40:1 with a new price of 10 cent, i think i lost 90% ... habis duit kopi lui

Posted by Syam Mahmood > 2017-01-22 23:33 | Report Abuse

kih kih kih

Posted by Syam Mahmood > 2017-01-22 23:33 | Report Abuse

auuu uuu uuuu

Posted by Syam Mahmood > 2017-01-22 23:34 | Report Abuse

wait until 30cent

Posted by klse1997 > 2017-01-24 15:02 | Report Abuse

looks like their claims against JMT have a good ground.... not that mucccc but at least can use use to settle the small2 debt

Posted by monreyes > 2017-01-24 23:34 | Report Abuse

Will the suspension lifted b4 the share consolidation

Posted by klse1997 > 2017-01-25 12:59 | Report Abuse

hopefully and goreng kaw2 first

Posted by kerelbort > 2017-02-13 18:11 | Report Abuse

What happen in when consolidated 40:1? Expert advice Pls. Assuming I have 10k lot... Newbie here

Posted by kerelbort > 2017-02-22 12:46 | Report Abuse

this counter warrant going to expired next months. exercise price is at 0.17. current mother price is 0.005 and suspended. wonder how that going to happen...

Posted by sctan > 2017-02-22 12:51 | Report Abuse

warrant becomes zero value. cause mother share is much cheaper, nobody will pay extra to convert warrant to mother share.

Posted by smartinv > 2017-02-22 20:34 | Report Abuse

Reference is made to the announcement dated 16 December 2016 in relation to the further extension of time application of up to 30 April 2017 to submit the regularisation plan to the relevant authorities. On behalf of the Company, M&A Securities Sdn Bhd is pleased to announce that after due consideration of all facts and circumstances of the matter by Bursa Malaysia Securities Berhad ("Bursa Securities"), including the following:-

(i) following the termination of the negotiations with Datuk Lau Beng Wei, Lau Beng Sin, Lee Wah Lian and Lee Teck Wee for the acquisition of all the equities interest of Synergy Goldtree Sdn Bhd on 13 December 2016, the Company subsequently had on 19 December 2016 entered into a heads of agreement with Lean Kock Kiang and Lee Sek Ang (collectively, the "Vendors") for the proposed acquisition of the entire issued and paid up share capital of Forward Resources and Construction Sdn Bhd ("FRCSB") from the Vendors;

(ii) the Company had on 18 January 2017 entered into a framework restructuring agreement ("Framework Restructuring Agreement") with the Vendors and FRC Resources Sdn Bhd. Subsequent to the signing of the Framework Restructuring Agreement, the Vendors had deposited an aggregate sum of RM2.5 million with their solicitors to be utilised for the settlement of the scheme creditors of the Company and its wholly-owned subsidiary under the debt restructuring scheme; and

(iii) a team of advisers for the Company's regularisation plan had been appointed and commenced the due diligence exercise on FRCSB.

Bursa Securities has decided to grant the Company a further extension of time up to 30 April 2017 to submit its regularisation plan to the relevant authorities ("Further Extended Timeframe") subject to the Company making the Requisite Announcement on or before 15 March 2017.

Bursa Securities further decided to de-list the securities of the Company from the Official List of Bursa Securities pursuant to Rule 8.04 of the ACE Market Listing Requirements of Bursa Securities ("ACE LR") in the event that:-

(i) the Company fails to make the requisite announcement on or before 15 March 2017;

(ii) the Company fails to submit the regularisation plan to the relevant authorities for approval within the Further Extended Timeframe i.e. on or before 30 April 2017;

(iii) the Company fails to obtain the approval for the implementation of its regularisation plan and does not appeal within the timeframe (or Extended timeframe, as the case may be) prescribed to lodge an appeal;

(iv) the Company does not succeed in its appeal; or

(v) the Company fails to implement its regularisation plan within the timeframe or extended timeframes stipulated by the relevant authorities.

Upon occurence of any of the events set out in paragraphs (i) to (v) above, Bursa Securities shall remove the securities of the Company from the Official List of Bursa Securities upon the expiry of two (2) market days from the date of the Company is notified by Bursa Securities or on such other date as may be specified by Bursa Securities.

This announcement is dated 22 February 2017.

Posted by willc48 > 2017-03-06 15:16 | Report Abuse

Nonsense proposal to reduce capitalisation by down the price to RM0.0025 sen per share??? Is Bursa sleeping?

Posted by shortybones > 2017-03-07 12:02 | Report Abuse

Bursa is absolutely incompetent to begin with.

Posted by takerisk > 2017-03-09 10:15 | Report Abuse

Comparing planned 40:1 against delist ending, still a HOPE for small shareholders. Trading price after the exercise is KEY to P/L. Not easy to rescue RA of this bad shape, neither to find a genuine white knight. Never give up and hard efforts demonstrated so far by man-at-work are what i really appreciate. Let the end results tell all.